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Technology Stocks : DDL Electronics
DDL 2.040-0.5%Dec 12 9:30 AM EST
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To: Catfish who wrote (90)12/21/1997 10:31:00 PM
From: MIKenn   of 164
 
I checked the financials again.

It is nice to see three good quarters in a row. However, last quarter showed a reduction in sales when compared to the previous quarter. This resulted in significantly lower AR, and an equally significant drain on cash and working capital.

DDL's .01 profit resulted from reducing non-cash expenses by restructuring goodwill amortization, and tax loss carryforwards.

I suppose we are not through the woods yet.

KQB
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